Official launch of Iris Shopping Center (RO)

The official launching of Iris Shopping Center took place on February 12, 2009. This special occasion also marked the inauguration of Starplex Cinema, with the national premiere of the movie Pink Panther 2.

On February 14, the Iris Shopping Center parking hosted a concert with the participation of Andra, Loredana accompanied by the Agurida Orchestra, Dj Rhino & Sylvia. Catalin Maruta acted as master of ceremony. The events schedule also comprised a big raffle with prizes like an Opel Astra Enjoy, a romantic week end in Paris and tens of other prizes from the gallery's retailers.

The superior floor of the gallery, with the cinema and food court, is open to the public starting Friday, February 13. The level comprises numerous Romanian and international restaurants and fast food restaurants among which: Bundetot, new brand developed by Trotter Prim, Sushi to go by Sushimania, Swiss Grill, coffee shops and a bowling center. The Starplex cinema extends on 8500 m², comprises 10 halls and has the capacity to host over 2,000 spectators. This is the first presence in Romania for Starplex SRL, an Italian group that plans to open seven more cinemas in commercial centers from Bucharest and other major cities in Romania by the end of 2010.

Deutsche Gesellschaft für Immobilienfonds (DEGI), part of Aberdeen Property Investors Group, has signed an agreement with Avrig 35 in June 2008 to take over Iris Shopping Center for €147 million.

The first phase of the project, opened in the last quarter of 2006, with a GLA of 37,650 m², is leased to Auchan and a commercial gallery. IRIS Shopping Centre Titan, representing phase II of the project, with a gross built area of approx. 30,000 m² comprises around 14,000 m² GLA, on ground floor, first floor and a partial second floor, used by the Cinema Starplex. With a total number of 50 units and main anchors like Starplex, Domo, Sprider, Tako, Reno, Olympic Casino, Iris Shopping Center counts a daily traffic of approximately 10,000 people.

Iris Shopping Center is administered by the property management department of DTZ Echinox.

Source: DTZ Echinox

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